Pluton Resources Limited
ASX:PLV ISIN:AU000000PLV4
News
Pluton Resources Limited (ASX:PLV) is pleased to provide a quarterly report for the period ended 31 December 2011.
The Directors of Pluton Resources Limited (ASX:PLV) have received final assay results from the Phase II diamond drilling program at the Hardstaff Peninsula and Isthmus Region on Irvine Island, Western Australia (E04/1172). Irvine Island is Pluton's flagship iron ore development project.
Pluton Resources Limited (ASX:PLV) are please to advise the appointment of Mr. Brett Clark as Chief Development Officer (CDO).
Pluton Resources Limited (ASX:PLV) Cockatoo Island Proposed Acquisition Update and Stage 4 Valuation
Pluton Resources Limited (ASX:PLV) is pleased to announce that after the successful completion of due diligence into the Company's potential acquisition of the iron ore assets on Cockatoo Island ("Cockatoo"), Western Australia, it has advised the current owners of Cockatoo Island in writing of the Company's intention to continue with the acquisition.
Pluton Resources Limited (ASX:PLV) are pleased to announce that Pluton has completed its first commercial hire agreement for two company patented Universal Drilling Platforms. The drilling platforms were hired to Winmax Drilling to complete a two hole program near Koolyanobbing in Western Australia for a Canadian listed junior exploration company. The site was sensitive due to priority listed flora including grasses and grevilleas that generally only occur on the target iron formations.
Pluton Resources Limited (ASX:PLV) announces that it has executed a legally binding term sheet agreement with Timeone Holdings ("Timeone") for the off-take of all iron ore preconcentrate produced at Pluton's flagship Irvine Island iron ore project in Western Australia. The agreement follows the announcement on 4th August 2011 of the selection of Timeone as a strategic investor and partner for the Irvine Island project.
Pluton Resources Limited (ASX:PLV) are pleased to advise that after completion of due diligence the Company intends to advance forward with the potential Cockatoo Island acquisition.
Pluton Resources Limited (ASX:PLV) are pleased to announce an update from Inferred to Indicated Mineral Resource reported in accordance with the JORC Code, for the Hardstaff Peninsula on Irvine Island incorporating the latest available Phase II drilling results.
Pluton Resources Limited (ASX:PLV) are pleased to advise that positive results have been received from additional dry magnetic separation test work completed at a coarse 3mm grind size on drill core composite samples taken from the Hardstaff Peninsula and Isthmus Region.
Pluton Resources Limited (ASX:PLV) advises that it has been notified by the Western Australian Government's Environmental Protection Authority (EPA) that it will assess the company's Irvine Island iron ore project with a Public Environmental Review.
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